2012-12-01
2012-12-31
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to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pe

for you. >>> the u.s. is set to go over the fiscal cliff in five days. that means taxes will go up for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is

in 1952 in the beacon hill neighborhood of seattle, washington. his parents immigrated to the u.s. from china and the 1930's. his father fought in world war ii and worked as a cook. he passed away when the mayor was 15. his mother was a seamstress and a waitress. mayor lee has five siblings, he graduated from college in maine, he also went to uc- berkeley law school and finished in 1978. he and his wife have two daughters. i also want to mention, prior to becoming mayor, one of the key points in his contributions to the community is after he completed law school, he worked as a managing attorney for the san francisco asian law caucus, where he was an advocate for affordable housing and the rights of immigrants and renters. mayor lee -- [applause] >> thank you. welcome to city hall. the people's city hall, san francisco. i want you all to note that that was such a wonderful rendition of our national anthem. please give another applause to the millennium -- melanie and her daughter. i am so excited about all of you and seen so many of you from all over our state. come to city hall anin sa

troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just mentioned, indeed, the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a nor

making a decision ask a lot of people here and waiting to find out what's going to happen today. the u.s. supreme court is scheduled to review whether or not it will review the constitutionality of prop 8. that is the ban on same sex marriage. the pro prop 8 side is appealing, the 9th u.s. circuit court of appeals which found the ban unconstitutional. it's one of several cases across the country concerning the federal defensive marriage act. >> the court has been waiting to gather all 10 of cases together and they're going to make a decision, either grant a review in some of them, all of them, none of them. they could do anything. >> reporter: if they decide not to review the case, same sex weddings could resume as soon as the 9th circuit says osteo. says -- so. we don't know how long that is going to take. they have no deadline for acting on these cases but this is their last conference of the year. live in san francisco, anne makovec cbs 5. >>> 4:39 now, they're not just good for you. how fruits and vegetables could ward off cancer as well. >>> and how apples plans could impact califor

by the u.s. state department, the number of russian children adopted by american couples has increased significantly in the last few years. in 2004, the number was more than 5800 compared to only 962 last year. over the last 20 years, americans have are adopted more than 60,000 russian children, more than any other country. >> we remain committed to supporting inter-country adoptions between our two countries. the welfare of children is too important to be linked to political aspects of our relationship. >> reporter: the bottom line, says this expert, it is ultimately the children who will suffer because there aren't enough families in russia willing to adopt. >> there are, by some estimates, 700, 750,000 children in orphanages, in institutions in russia. they don't have that many families stepping up. >> reporter: the need is especially great for children with special needs like vatali. >> we rely on our faith and hope in jesus christ and that's what is going to get us through this. but it would just be devastating for those kids. >> reporter: the moyers already have two biological ch

resume here at city hall as soon as the 9th u.s. circuit court of appeals it. they made the ruling that prop 8 was unconstitution unconstitutional. they will decide whether or not they will review the constitutionality. that is the ban approved in 2008. if the court decides to take on the issue, there would be an argument scheduled sometime in march or april and the case would likely be decided by the end of june. now if the supreme court decides not to review this today, which they could say that they're going to not review it today, well, then same sex marriages could resume experts say within a couple weeks. live in san francisco, anne makovec cbs 5. >>> public health officials are warning san francisco residents of a meningitis outbreak in new york. the big apple is seeing a string of gay men suffering from the potentially deadly bacteria since there's so much travel between our two cities, officials want gay men here to be aware and consider getting vaccinated. >>> if gay men are planning to travel to new york over the holidays for the next several weeks and think that they ma

initial statements about the u.s. consulate attack in benghazi, libya. rice submitted a letter to president obam apredicting the confirmation process would be lengthy, time consuming and costly. noting the unfairness of the attacks, massachusetts senator, john kerry is now the projected frontrunner for that post. >> the unscheduled fiscal cliff meeting at the white house between president obama and babe bane is over. no word of progress. the two met for about an hour this afternoon. this was their first face-to-face talk since sunday. mr. obama and boehner have struggled to make the impasse over taxes. the president wants tax rates to rise for the top 2% of income earners, which boehner is opposed to. the deal must be reached by december 31 to avoid the fiscal cliff, which would trigger a series of tax increases and spending cuts. >> a controversial facebook posting, by sergeant carl tnchts of himself, riding through the broadway tunnel and claimed he was with others in a lamborghini, going 100 miles per hour and said they were all drunk. today the chief says he is outraged. >>

head-on way than most countries. >> rose: including the united states? >> well, i think in the u.s. -- obviously you've got your own decisions to make about your fiscal problems and your issues and obviously your president and congress are engaging in that at the moment. but in the u.k. we have done that, we have got ahead of the curve and you can see in measures, for example, of how competitive the economies are, the you can is steadily becoming more and more competitive. >> rose: there's also this, the united states is engaged in this great debate that's going on in the white house with speaker of the house john boehner and the president of the united states, barack obama. what would be the optimal outcome of that debate as you look at it as a man who's dealing with the same kinds of problems? >> i'd say two things. one is we do need a resolution of this problem. i think the most immediate short-term problem facing the world economy-- i stress the word short term" is the u.s. fiscal cliff. i think if that is not resolved that is going to cause considerable problem for the world a

.n.'s office on drugs and crime, the u.s. gun homicide rate is 30 times that of france or australia. it is 12 times higher than the average for other developed countries. why is that? if psychology is the main course, we should see that we have 12 times as many psychologically disturbed people as the oecd average. we don't. in fact, america takes mental disorders seriously, treats them and doesn't stigmatize them. we do better in this area than most of our peers. is america's popular culture much worse than other rich countries? not really since it's largely the same popular culture worldwide. england and wales, for example, are exposed to virtually identical cultural influences as the u.s. yet, their rate of gun homicide is some 3% of ours. the japanese are at the cutting edge of the world of video games, yet the u.n. puts their gun homicide rate at close to zero. why? well, they have one of the most restrictive series of gun laws in the world. when looking internationally, it is obvious that the one feature of america that would explain why we have so much more gun violence than the rest of

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bloomberg says are killed in shootings each year in the u.s. >> in a democratic society, you have to come together in what the majority of people want. every time there's a poll, the majority want sensible gun restrictions. >> reporter: they're pushing for tighter gun lawns including the type of assault weapon used in the newtown massacre. >> my daughter would have been 19 december 23. >> reporter: nardine's daughter was killed in a drive-by shooting moments after she attended the funeral of another shooting victim. >> it just shouldn't take so much bloodshed. >> reporter: the group joined mayor bloomberg in a new ad campaign pressuring lawmakers to come up with a plan to reduce the number of guns on the streets. >> i demand a plan, and so should you. >> reporter: dozens of people marched against the national rifle association in washington. >> shame on the nra! >> reporter: speaking out for a political action committee, the group says the gun rights group is partly to blame for tragedies like newtown. but the executive director of gun owners of america thinks principals and teachers shou

>> a deadly crash in rural plus. disturbing details about a middle school teacher and the u.s. supreme court agrees to take up the issue of same-sex marriages. (male announcer) live from the kron 4 news station, this is the kron 4 news. >>pam: two people are dead in a head=on collision in eastern contra costa county. the horrific high speed accident near byron seen here in this sky7hd video from abc7news he took his own life after being arrested in a child molesting case. now we are learning more about the serious allegations against a middle bay. >> and backers and opponents of same sex marriages welcoming today's announcement that the u=s supreme court to rule on california's >> this is a case about fundamental fairness. >>pam: tonight at eight. the c-h-p is investigating a deadly crash in a rural part of the east county. two people. including a child. are dead. kron-4's j-r stone is here with the latest details. j.r.? >> this is a tragic this is a video from the bc 7 high- definition the news. this maker of mass, the blue sedan crossed over the center line. and the collisio

's it for the 5. thank you. see you here tomorrow. >> this is a fox news alert. the longest serving senator in u.s. history has died. united states democratic senator daniel inouye world war ii veteran medal of honor recipient died from respiratory complications at 5:00 this afternoon. today at walter reed national military medical center. senate majority leader called inouye one of the grates of the chamber. mitch mcconnell said he had every reason to bring attention to himself but quote never did. we will have more on the life of the senator later in the show. the sandy hook elementary school massacre that left 20 children and 6 adults dead began burying the littlest victims as funerals were held for two 6-year-old boys including one whose twin sister survived that rampage. connecticut stit police lieutenant sadie tails were quote too difficult to discuss fktd they could hold the school and the home of adam lanza accountable. they pledge to seek change as he slowly recited the firs names of the victims. today white house press secretary jay carney warned that no single action or piece of legisla

limit is $16.4 trillion. he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good thing you can say about reaching the debt limit is it's not a surprise. everybody has known this is coming up. the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not raise

. hammar told u.s. border officials in texas that he wanted to take with him his great grandfather's antique gun and those officials told hammar no problem. but when he got to mexico. border agents locked him unon violation charges of the country's strict gun laws and since then his parents and lawmakers have been working feverishly to get him out. on friday this marine who served us in iraq and afghanistan and also suffers from prost thattatic stress disorder was greed. he and his dad drove back from florida and hours ago after they arrived home in palmetto bay steve harrigan was live there and had a chance to talk to the dad. steve, how is the family doing tonight? >> jamie, we got to see john hammar pull up with his father after this long ordeal. they drove directly into the garage. john hammar is now suffering from some sort of stomach ailment he picked up inside that mexican prison. they actually had to make a stop on the drive home from the border at a louisiana hospital and john hammar's father says his son is so weak he can barely stand despite that, he says, this will be t

the u.s. diplomatic mission in libya. >> we have to do better. we owe it to our colleagues who lost their lives in benghazi. we owe it to the security professionals who acted with such extraordinary heroism that awful night to try to protect them, and we owe it to thousands of our colleagues serving america with a great dedication every day in diplomatic posts around the world. >> brown: spending versus saving: amid the last-minute holiday rush, paul solman weighs the economic benefits. >> holiday season grand central terminal and a key question: is consumerism kind of a bad thing that's overdone this time of year? or is it the key driving economic and moral force in our society? >> suarez: and we close with another in our series of interviews with newly elected congressional members. tonight, north dakota's senator- elect, democrat heidi heitkamp. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. suppor

. >>> in the u.s. firearm homicide rates are 19 times higher than the other high-income industrialized countries according to the brady campaign. national correspondent kyung law compares her years of reporting in japan where there's almost no gun violence. >> reporter: i moved back to the u.s. this summer. for the last five years i lived in japan as cnn's tokyo correspondent. in that entire time i never covered a shooting. there weren't any. this is my third mass shooting i've covered in just six months. >> she's on the scene for us at that apartment complex. she has more on this part of the investigation. >> reporter: in this brief time i've heard this question again and again by those victimized, most recently from a frustrated newtown resident. >> why are we so different from so many other industrialized countries that have so little gun violence, and we are just -- what makes us so different? s why is that? >> i don't have the answer. i can compare japan and u.s. in japan there are no guns. it's the safest place i've lived. here in the u.s. gun ownership is considered normal. 40% of america

iraqi forced out of kuwait. he was only the ninth u.s. general to be knighted. george h.w. bush called the general a true american patriot and one of the great military leaders of his generation. norman schwarzkopf was 78 years old. the white house today says president obama is keeping a close eye on a possible strike by longshoremen. union leaders for nearly 15,000 dock workers at every port from texas to maine say they'll walk off the job on sunday. we asked anna werner to find out how a strike would hurt the u.s. economy. >> reporter: the port of houston handles 42 million tons of cargo every year. it extended its hours this week to try and get shipments in and out before a strike can bring the port to a standstill. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problem

this former u.s. marine months ago, accused him of trying to bring a gun into the country. >> a lesser person would have pleaded guilty. >> they chained him to a bed and reportedly threatened his life. but this marine stayed strong. and now time finally to come home. i'm harris faulkner in tonight for shepard smith. and we begin tonight with president obama's new move to reshape his cabinet. at the white house today he announced massachusetts senator john kerry as his pick for the next secretary of state. >> john has played a central role in every major foreign policy debate for nearly 30 years. as we turn the page on a decade of war, he understands that we have got to it harness all elements of american power and ensure that they are working together. >> the president then saying senator kerry's entire life has prepared him for this role. the senator has spent decades on the foreign relations committee and he is currently the chairman of that. he is also a former presidential candidate as you know. and a decorated vietnam veteran who was critical of the war effort when he returned to the u.s

: merry christmas. press zones and spending time in a louisiana hospital, u.s. marine veteran john hammar is on his way home just in time for christmas. good morning everyone, i'm greg jat in for. >> i'm martha maccallum. after spending for four months in prison in mexico on a questionable gun charge. hammar was arrested when he tried to cross the border with a antique shotgun his family said was an heirloom. steve harrigan is live. >> reporter: after four long months the 27-year-old former marine was released from the notorious prison late friday night after several hours of paperwork. he was accompanied by u.s. consular officials from the border between mexico and texas. he met his father and the two began the drive home. they had to stop off yesterday in a hospital in louisiana room in louisiana, john hammar suffering from the stomach flu. having trouble keeping food down. the goal was to get him home for christmas. looks like it will happen now. heather? >> steve, quite an ordeal for the family to say the very least >> reporter: a very tough time. they received threats, ex-torgs attem

the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these cannisters are designed to fracture so the devastating nerve gas could escape. but it's not known whether syria intends to use those chemical weapons. we think we have it in aerosol form. the u.s. is making contingency plans in case bashar al-asaad leaves the country suddenly and flees somewhere for asylum which would leave a vacuum there. several countries in that region are trying to find a place for assad to go. secretary of state hillary clinton has a just-added meeting today in dublin, ireland. here you see her earlier today. she and the russian minister decided to meet with the envoy to syria. across barbra himybill: russia s discussion in moscow. earlier in a week there was a report it was pulling support away from damascus. has that bent case? and why the relationship with russia so critical. >> reporter: it's one of the countries syria will listen to. russia could have sway over syrian president assad. >> the best issue

for calling. a live picture of the u.s. capitol. 7:23 in washington. some heavy rain and perhaps some snow. a. when terry mix are expecting in town. we mention that because the president is heading back into town. the senate and white house -- the senate and house are due back tomorrow. this is an politico. there is another piece of this morning that says the house member elect is also interested in the peak in the seat -- adapter the seat. springfield, va., lewis, an independent. caller: good morning. you could consider me a little bit pessimistic. i am actually looking at it as realistically as possible. i have a degree in macroeconomics. i believe that they all should be -- we should institute term limits on all of them. maybe a six-year term limit. they're all thinking of reelection. host: both sides? caller: yes. they are thinking about re- election with the country is almost $70 trillion in debt. -- $17 trillion. people and businesses are giving out payouts because taxes are going up on everyone. it does not matter -- there are too many taxes going up. payroll taxes going up. we do not

be able to know as u.s. senators working to protect the -- the fourth amendment. mr. president, we have always struck a balance in this country between an overbearing government and the important pathway to obtaining information relevant to our national security. the amendment that i'm laying forth strikes that balance appropriately. it urges the process to continue of providing an understanding of what the secret court interpretations are. that's very important in democracy. it provides the appropriate balance with national security. it gives clear decision-making authority to the attorney general in this process and in that sense, it does the best possible path that honors national security concerns while demanding transparency and accountable for this issue of privacy and protection of the fourth amendment. thank you, mr. president. mr. wyden: mr. president? the presiding officer: the senator from oregon. mr. wyden: how much time for purposes of general debate remains on our side and how much under the control of the distinguished chair of the committee? the presiding officer: the op

is affecting your trip home for the holidays. it will be a very merry christmas for the familiar leave this u.s. marine veteran just released from one of mexico's most dangerous prisons. where he stopped off before heading home causing some concern. how about this. a short-cut to becoming a doctor, a new program being offered by one of the most prestigious medical schools in our country saving both time and money for the students, but does it skimp on training, a doctor in three years? it's all happening now. but first there is troubling news on the civil war that is raging some 21 months now in syria. the international envoy trying to help end the violence there says that he's still worried there's been no progress in the ending of the bloodshed that's claimed thousands of lives. hi, everybody, i'm jaime colby, today i'm in nor jenna lee. >> reporter: i'm kelly wright in nor jon scott. the u.n. envoy meeting face to nice with the syrian president today. while their account of that meeting was lens hopeful we are hearing now even more troubling reports the syrian army may have used a deadly poi

announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >> john: today in california, police announced they have arrested a potential copy cat after the deadly shooting in newtown, connecticut. they say he posted threats on facebook targeting elementary schools in los angeles. when they found him at his parents' home, this also came across not one, but nine firearms, including rifles and a shotgun. trace gallagher is live on our west coast news room. we're getting breaking news from the district attorney. >> yeah. we just got this from the d.a. the d.a. is now saying they are not going to file charges against 24-year-old kyle and the reason why is because he didn't make a specific threat toward a specific school or child. the deal is that he posted on facebook several times after the connecticut shooting that if other people didn't stop posting about it, he was going to go out and do the same thing. telling people on fac

to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be for american oh. a new poll suggests a lot of people are working between christmas and new year's. the survey conducted in the midwest shows about a third of workers will be on the job in the last week of 2012. >>> one of the positive signs for the american economy has been the housing market. in november, construction on new homes was up 22% from a year ago and in california, you may be surprised at who is buying. cbs news reporter ben tracy has more. >> this is the busy time of year. >> absolutely. this is when all the games come in. >> reporter: scott meadows runs salinas vineyards in california's napa valley and there's a good reason he put that american bald eagle on the bottle.

task force and los angeles mayor and the current president of the u.s. conference of mayors and a member of the mayors against illegal guns and also joining the conversation is congressman john yarmouth of kentucky. stand by. the nra started the press conference. >> i welcome you here this morning for the purposes of beginning our discussion of the topic that's been on the minds of american parents across this country. that is what do we do about the tragedies of the sort that struck in newtown, connecticut to avoid such events in the future? like most americans, we were shocked by what happened. like all americans, we have been discussing all of the various options that are available to protect our children and at this point we would like to share our thinking with you. for that purpose i would like to introduce wayne la pierre, our executive vice president. thank you for being with us. at the end of this conference we will not be taking questions but next week we will be available to any of you who are interested in talking about these or other issues of interest to you so

for the eastern seaboard. doug? >> doug: mike tobin in chicago. thank you. u.s. shoppers spent cautiously this holiday season. retailers saw the worst year over year performance since 2008. markets were down slightly. the dow dropped 24-1/2. the s&p 500 slipped 7. nasdaq fell 22.5. president obama has been in hawaii for some holiday r&r. the republican lawmakers are likely hoping that means he is rested and ready make a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf of the freedom and behalf of the security. >> now the president is giving up some vacation time rushing back to washington aboard air force one late tonight to deal with the looming fiscal cliff. after that red eye, the president will no doubt need coffee. starbucks decided to get political in the washington, d.c., shops, by having empl

now raise the likelihood of the u.s. getting involved. for the first time, dictator assad's forces appear to have fired scud missiles at rebel fighters, missiles that could then be used to carry chemical weapons. it is considered a sign that assad is growing ever more desperate. president obama has said that any use of chemical weapons would prompt a u.s. response. >>> and in money news, the rock-bottom interest rates that have pushed mortgages to record lows will not be going up anytime soon. in a historymaking move, ben bernanke said interest rates will be tied to the jobless rate. he wants the interest rates to stay at the lows until unemployment drops below 6.5%. which he says could take some three years. >>> and a dire warning about a water crisis in the west. a federal report out today warns the colorado river is drying up. and within 50 years, will no longer be able to supply water to seven western states. the report suggests dramatic solutions, including towing icebergs from alaska. critics call the report flawed. say the warning is exaggerated. >>> and if you've ever been

with former u.s. ambassador to the u.n. john bolton how and why these officials still have their jobs. gregg: just four days to the new year and potentially the fiscal cliff so far little to know progress reported in making a deal to avert across the board tax hikes for 90% of the american households. it's been 10 days since the president and the speaker held any substantial face-to-face meetings. is time up or is it still possible for both sides to reach a last minute deal? let's put the question to byron york of the "washington examiner". too late or, gosh, maybe this is so easy you can wait until the last minute? >> i guess it depends whether you believe in miracles, gregg. gregg: i don't. >> the only thing that is really happening is the days are ticking by. i think what we've got is, you go first situation here. remember, after the so-called plan b failed in the house, john boehner, speaker of the house said, look, it's up to the senate. we'll not do anything more. we already passed a bill a while back that would extend bush tax cuts for everybody. it is up to the senate to do something

. >> on more than 300 flights had been canceled in and out of the u.s. this morning. we were crossing our fingers here in the bay area so far we have no delays here. to get you more news faster we will turn to mike pelton who is live at s f o. >> a lot of people are trying to get out early to beat the rush. but they are not having any luck. it is a lot of congestion here at as a foe. and lot of travelers are coming here and this is officially signaling the end of their holiday. thousands of passengers are headed home as they spent christmas with their family and friends. everyone that i spoke with stated that it was a perfect day. >> i went to the movies and i had drinks and i played darts with my friends. >> it's back to the daily grind. >> good nose for travelers. right now there are no delays coming in or going out as at all. this can change as whether rosa in here in san francisco and across the country. we will continue to monitor the other delays. >> a san francisco woman will be arraigned today on charges of the hit killer manslaughter that killed one pedestrian and ended at two ot

greece would have a worse depression than the great depression in the u.s. >> brown: a player in campaign politics, but what of the current debt debate? we talk with tea party ally, matt kibbe. >> warner: and as e.p.a. chief lisa jackson steps down, we assess the track record of the administration's environmental agency. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> warner: five days and counting with plenty of tit-for- tat charges, but no agreement in sight. that, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january

of what they sell and produce is exported all around the world. they want the u.s. economy to be stronger as quickly as possible and robust as quickly as possible because it means they'll continue to ask for. as much as they try to move from an export economy to a domestic consumption-based economy, and the reality is the more americans were coming for money they have in the pocket and the more they'll be shopping in stores. the healthier the u.s. economy is, the more they china will export and that means jobs for the chinese people. >> how much are they actually worried about the united states and how much time and attention are they paying to overdo it and enough relationship versus there are internal issues? >> i think the united states is incredibly important in china and they recognize that not only did their part to always ambassador locke has just described, but in another way i think you could say it's more psychological. it's a 150 year history where china has been trying to chain itself up into big power status. it's not there is very close to being there. get their just lingeri

states during an interview with nbc news. president karzai blamed u.s. and nato forces for some of the insecurity in his country. he says he doesn't like the act that hundreds of prisoners are still being helled from the country and he signed that back in march with the president obama. he says he will not sign any more agreements with the u.s. until those prisoners are transferred. >>> well, the fiscal cliff is looming unless congress takes action to avoid it. coming up at 7:15, the number of california defense department jobs that could be lost if automatic trick -- automatic tax cuts are formed. >>> bill clinton says he's not sure if hillary clinton will run for president. she said she does not want to continue a secretary of state for president obama's second term. she said she wants to focus on issues to -- that are important to women. >>> let's see what tara is seeing on 880. >> we have a lot of traffic on pinole and then past the golden gate gate. we're in berkeley/emeryville. we have a traffic issue in here. 280, northbound towards santa clara, looking pretty bad. give y

service members remained. he says he remembers being on the deck of the u.s.s. honolulu like it was yesterday. >> when i got there i had the cover off one of the 50 caliber machine guns. the other was about halfway off and a torpedo went by, the torpedo heading for ship row. i thought at the time that this is really a good mock thing like that. i pull the cover off the rest of the way and about that time another torpedo came by and i saw the big red ball and i realized it was the japanese who were attacking pearl harbor. heather: he has helped id nine service members and has the names of one hundred more men that he believes are identifiable. because of his work more than 300 gravestones at the national cemetery in hawaii have been relabeled with the names of the diseased. jon: new information on the earthquake in japan we told you about earlier. minimal damage and minor injuries reported now. the 7.3 magnitude quake striking off the northeastern coast triggering a small tsunami in the same area affected by last year's earthquake disaster. residents are breathing a sigh of re

. period. "times" article says a half million people are in prison for drug offenses in the u.s.a. 10 times the number than in 1980. that sounds bad, doesn't it? what the paper does not, does not tell you is that violent rhyme in -- crime in america has been cut in half since the tough mandatory prison sentences were instituted. the country is much safer because hard core criminals are doing hard time. that's a fact. no one should feel sorry for killers, rapists and drug pushers. now, because i do commentary like this, laying out the progressive agenda, i'm a big threat to them. listen to this incredible sound bite from committed left wing guy harry bell belafonte he says people like me who oppose president obama and liberal agenda on some things should be dealt with. >> what fascinates me is that in the phase of millions of americans expressing their desire the whole political establishment defining its game that there should be this lingering infestation of really corrupt people who sit trying to dismantle the wishes of the people, the mandate that has been given to barack obama and i don

. >> the u.s. economy is estate here. millions of families are counting on us to do something. look. it is the president's job, his job to find a solution that can pass the congress. he is the only one you can do it >> the president's response has been to make clear, he is already compromising. >> during the course of these negotiations i offered to compromise with republicans in congress. i met them halfway on taxes and and i met them more than halfway on spending. >> and the president address as in the briefing room tonight, he urged lawmars to go home for christmas. maybe even drink a little bit of eggnog, calmed down, cool off, week in order to try to work all this out. the president now headed to ally himself to spend christmas with his famly. on his way out the door he told us, see you next week whhch mes he is coming back before new year's eve in order to deal with this mess. lou: was named david axelrod who said see you later. it turns out mr. obama was paying attention. ed henry, fox news chief white house correspondent. president obama nominating senator john kerry to be t

miss u.s.a. contestant has been ordered to pay donald trump 5 million bucks over a legal beef. mismegyn kelly with the story. caution, you are about to enter the no spin zone, the factor begins right now. >> bill: hi, i'm bill o'reilly, thanks for watching us tonight. power, that is the subject of this evening's talking points memo. if you are fortunate enough to acquire money in this life, you will also get power. money in america can buy you protection education, doctors accountants make you more money and lawyers if anything goes wrong. money is power. if you don't have much money, life is much harder because you can't protect yourself as well as a wealthy person. that is why what is happening in america right now effects every single person who lives here. president obama and the democrats want to take power from the people and give it to the federal government. every time you pay taxes, you make the government stronger and your own situation weaker. so a tax increase empowers the government at the expense, pardon the pun, of the taxpayer. of course, taxes are needed for the militar

. on the subject of being on the roads, conservative u.s. senator michael crapo charged with drunken driving after a weekend arrest in washington, d.c. suburb over the weekend. idaho republican who has said he does not drink because of his mormon faith had a blood alcohol content of .11%. he issued apology accepting total responsibility for ips dent. in newtown, connecticut, a resident told reporters christmas will never be the same for the families who lost children and loved ones in the december 14 massacre. correspondent molly henneberg reports both sides of gun debate trying to develop a plan to keep the nation's chirp safe. >> the national rifle association may support plan to put armed officers at the nation's school bus lawmakers are less than enthusiastic about the idea, especially the democrats. dianne feinstein who is expected to introduce gun control legislation in january, called the nra idea "distraction." others suggest it might have the opposite effect on lawmakers. >> well, i think he is so extreme a tone deaf he actually helps the cause of us passing sensible gun legislation in th

. we begin with the harrowing ordeal with u.s. marine january homer jr. after spending four months in a mexican jail, often chained to his bed. he was released to his family in time for christmas but his story doesn't stop there. eddie joins us. >> you have been in communication with him. how is he doing? >> thank you very much for having me, kimberly. he's doing okay. they arrived to miami to their house sometime late in the evening monday. tired. they had a long drive, as you probably know. they had to run into the hospital in louisiana but he's holding up. he cannot be standing for a long time. he's taking quality time, i would call it down time to be with the family and rebudding and expecting and waiting for some tests to come back, see what the prognosis and whatever they have to heal. and mentally, of course, and emotionally and medically, as well. >> everyone is overjoyed at his release, of course, in time for christmas. but it has been an incredible ordeal for him both physically and emotionally. and his family, his mother said she couldn't rest or sleep at night until he

, former u.s. congressman, former u.s. attorney for the western district of arkansas, and former administer of the u.s. drug enforcement agency, the honorable congressman asa hutchinson. asa? >> are you going to take questions? >> thank you, wayne. one of the first responsibilities i learned at homeland security was the importance of protecting our nation's critical infrastructure, and there's nothing more critical to our nation's well-being than our children's safety. they are this country's future and our most precious resource. we all understand that our children should be safe in school, but it is also essential that the parents understand and have confidence in that safety. as a result of the tragedy in newtown, connecticut, that confidence across this nation has been shattered. assurance of school safety must be restored with a sense of urgency. that is why i am grateful that the national rifle association has asked me to lead a team of security experts to assist our schools, parents, and our communities. i took this assignment on one condition, that my team of experts will be indepen

required on all firearm purchases instead of the fractions of sales that get done today. 408% of u.s. gun sales are by private sellers who are not required to perform background checks. you can be a three-time convicted felon, a serial domestic abuser, severely mentally ill, or even on a terrorist watch list and still go to a gun show or go on the internet and buy whatever gun you want. the american people want to strengthen their bases to prevent the mentally ill from buying gun. but over a million disqualifying mental health records are still missing from states. 10 states have failed to flag a single person as mentally ill. and 17 states list less than 100 people. miles per hour people want to see assault weapons bans reinstated and large capacity ammunition clps banned to keep dangerous ammunition out of the hands of mad men. let's face it. when you put a 30-round clip in an assault weapon, you are not protecting your home. you are not hunting deer, you are hunting people. we have hid from this fight for too long. for too long we have used politics and the second amendment to cover up

weapons. ta she said the u.s. is planning to take action if there is credible evidence of a threat. she did not say whether there that woinformation that would suggest an attack is imminent. theire reiterated, chemical heapons are a red line for the ed statstates. >> i'm not going to telegraph in any specifics what we would do hatthe event of credible evidence that the assad regime hemicalorted to using chemical weapons against their own people. >> reporter: the international community has failed to peop intervene in the conflict that as killed nearly 38,000 syrians since the uprising began. e are ds this morning," margaret brennan, prague. >>> in japan this morning at least nine people are dead after it's unclof a highway tunnel collapsed. it's unclear why those massive concrete slabs broke away from the tunnel walls on sunday. smoke an lucy craft reports smoke and wi dust are interfering with rescue operations at that tunnel about 0 mimles west of tokyo. >> reporter: surveillance grimas inside the tunnel relayed the grim conditions inside. eteestimated 270 concrete toning panels, weig

the attack on the u.s. consulate in benghazi said he gave three directives. find out who did this so we can bring them to justice. in secretary's letter she states, quote, we continue to hunt terrorists responsible for the attacks in benghazi and determined to bring them to justice. have you determined those responsible for the death of the brave americans and the destruction of the u.s. facilities? >> senator barrasso, just to restate, we are absolutely committed to bring those responsible to justice. we are absolutely committed to bringing every resource to the u.s. government to bear to accomplish that. we are pursuing this through a number of different channels. some of which can be discussed in other settings, but as you know, the fbi is leading the investigation, the state department is actively supporting this. i've been in libya to talk to the libyan leadership to talk about the importance of their cooperation and the investigation. i think we are making some progress. our char on the ground works every day in support of the fbi. i was in tunisia last week to emphasize to the presid

morsi and the country's new constitution. the new u.s. senator from hawaii democrat brian schatz was sworn in today. he'd been lieutenant governor for the last two years. now, he replaces fellow democrat daniel inouye, who died this month at the age of 88. schatz took the oath of office on the senate floor after being tapped by hawaii's governor. the new senator said he'll seek election in his own right, in 2014. inouye wanted hawaii congresswoman colleen hanabusa to take his seat. she said today she respects the governor's choice. those are some of the day's major stories. now, back to margaret. >> warner: we turn now to russia, where a proposed new law on adoptions, causing alarm in the united states, came a step closer to being enacted today. ray suarez has the story. >> reporter: in moscow today, president vladimir putin said he does intend to sign a bill that bars americans from adopting russian children. >> you know, after all in the world there are probably a lot places where the quality of life is better than here, but so what? are we going to send all the children there?

in stocks. it will be tough to find that holiday cheer in today's news slow. u.s. stock features are flat following the market's slide during monday's thinly traded session which was stored for a holiday. investors remain concerned that congress and the administration will be unable to break the deadlock in talks to resolve the looming fiscal cliff crisis. president obama is ending his out vacation in hawaii today to make a late bid to reach a deal before the year and. the white house that he should be back in washington tomorrow when house and senate members are expected to reconvene. new this morning a car bomb had outside the u.s. base in eastern afghanistan has killed three people and injured six civilians. afghanistan police say the blast killed a security guard and two truck drivers delivering supplies. the tal bang claims responsibility for the attack which happened after a minibus stop at a deep for a security check. the international security assistance for says the base has been secured. if sampras as the woman will be arraigned today on charges of vehicular manslaughter that ki

's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were go

the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of jockeying that needs to be done, even if we have a deal put forth. >> interesting what the market is pricing in. we thought the market wanted a grand deal. clearly, dennis you willing to put up with a band-aid. >> i have been surprised how static it has been, the stock and the bond markets, carl. i think the market, i think, has internalized that idea we are just going to shuffle along for a period, the beginning of january. then for another six to nine months. the bigger question really becomes beyond the equity market in particular, becomes the real functioning economy of this country. we are going to be stuck again. we went through sandy, that was a natural disaster, to think that all this really is man made, still boggles the mind. >> sickening. especially with claims back to 350, decent number this morni

of the to u.s. patriot missile batteries as part of the nato effort to try to help protect our turkish allies against the threat of missiles from syria. even as we have asserted our strong and enduring commitment to the middle east, we are also renewing and expanding our engagement in the asia-pacific region. the core of our rebounds is modernizing our existing network of alliances and security partnerships throughout the region. and developing new security relations as well. over the past year, we reached major agreements with japan to realize our forces and jointly develop guam as a strategic hub. we afford to strengthen cooperation for the republic of korea, in space, in cyberspace, and intelligence. we begin a new marine rotational deployment to australia as well as increased air force cooperation. likewise, we are deepening our engagement and developing rotational deployment with allies and partners such as singapore and the philippines, and expanding our mil-to-mil dialogue and exchanges with china. we are also enhancing our presence and capabilities in the region. that includes reality

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